Biggest Movers: QNT Hits 10-Month High on Saturday

1 year ago

Quant roseate to its highest constituent since the commencement of the twelvemonth connected Saturday, arsenic prices climbed for a 3rd consecutive session. In summation to this, tron was besides higher, arsenic the token attempted to interruption retired of a cardinal absorption point. Overall, cryptocurrency markets were down 1.95% arsenic of writing.

Quant (QNT)

Quant (QNT) was 1 of the notable movers to commencement the weekend, arsenic the token surged to a ten-month high.

Following a debased of $162.00 connected Friday, QNT/USD surged to an intraday highest of $184.98 earlier successful today’s session.

This determination saw the token ascent to its highest constituent since January 8, and comes pursuing 3 days of gains.

QNT/USD – Daily Chart

As of writing, the 14-day comparative spot scale (RSI) is present heavy successful overbought territory, and is tracking astatine 80.19.

This is marginally supra a ceiling of 79.00, and this could mean that bears could beryllium looming, looking for immoderate slips, earlier reentering.

Should bullish momentum stay high, we could spot traders people an exit astir the $190 level.

Tron (TRX)

Tron (TRX) was different large gainer to commencement the weekend, arsenic prices attempted to interruption retired of a cardinal absorption level.

TRX/USD raced to a highest of $0.06501 earlier successful today’s session, which comes little than a time aft hitting a debased of $0.06174.

As mentioned earlier, the determination saw tron collide with a ceiling of $0.0650, which hasn’t been breached since late-August.

TRX/USD – Daily Chart

Since hitting this peak, TRX has since slipped, and arsenic of writing, is trading astatine $0.06264.

The 14-day RSI is present backmost beneath a ceiling of 57.00, and is tracking astatine a people of 53.92, and seems to beryllium headed to a enactment constituent of 50.50.

Should this people beryllium reached, it is apt that prices of tron volition beryllium trading adjacent to $0.06100.

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Do you expect immoderate further rallies from tron this weekend? Let america cognize your thoughts successful the comments.

Eliman Dambell

Eliman brings an eclectic constituent of presumption to marketplace analysis, helium was antecedently a brokerage manager and retail trading educator. Currently, helium acts arsenic a commentator crossed assorted plus classes, including Crypto, Stocks and FX.

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